GavinMylin
BEDS5
BATHS2 full
MLS#12796087
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDistrict 131
Property Description
Turnkey investment or live in opportunity! This 2 unit features exceptionally low-overhead. The upstairs unit is currently rented at $1275/month and the tenants have been there for over 10 years with excellent payment history. Downstairs unit was just remodeled, giving you the flexibility to either find your own tenant, or live in the bottom and collect income from the upper unit. Tenants pay all their own separately metered electric and water, leaving the owner with minimal expenses. Currently, the owner only pays $1,500 per year for lawn care and snow removal. The upper unit is a spacious 3-bedroom, 1-bathroom home occupied by an exceptional, reliable tenant of ten years currently paying $1,275 per month, benefiting from updated vinyl siding, upper-level windows, an electric heater, and a water heater replaced approximately ten years ago. The lower unit is a vacant, fully remodeled 2-bedroom, 1-bathroom projected to rent at $1,500 or more per month. This unit is showcasing brand-new windows, cabinets, a stylish bathroom, doors, trim, appliances, an electric heater, and a new water heater. Ample parking is provided with five exterior spots. There is also an on-site shared laundry room-already separately metered for each unit. There are currently no washer/dryers in the laundry room so this presents an immediate value-add avenue to generate additional monthly revenue through coin-operated machines, making this property an effortless addition to any income-focused portfolio.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Daylight
Heating: Electric
Lot Size: 0.17 Acres
Roof Type: Asphalt
Taxes: $5,733
Year Built: 1973
Feature Descriptions
Exterior: Vinyl Siding, Brick
Lot Dimensions: 50 x 145
Parcel#: 1523454025
Parking: Unassigned, Yes, Owned
Sewer: Public Sewer
Total Rooms: 9
Township: Aurora
Water: Public
Local Schools
High School: East High School
Middle School: C F Simmons Middle School
Elementary School: Edna Rollins Elementary School
School District: District 131
Listed By / Shown By
Listed By
Agency Name: Compass
Agency Phone: 630-861-1800
Shown By
Agent Name: Gavin Mylin
Agent Phone: Cell: (779) 208-6276
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 2,217.50 per month $1,634.78 Principal & Interest $477.75 Property Tax $104.97 Homeowner's InsuranceChange Payment Information
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1115 Kane Street | MLS# 12796087
This multi-family property located at 1115 Kane Street , Aurora, IL 60505 is currently listed for sale with an asking price of $359,900. Kane Street is located within the District 131 school district. Search Aurora real estate on gmylin.gogambino.com today.